Delco Cheesesteak & Hoagie Destination with Real Estate

Listing Number: 64646-141736

Description

Must sell! After owning and operating this successful cheesesteak and hoagie shop for 50 years, it’s time to retire. Tucked away in a busy working-class neighborhood where everyone knows your name and location. As iconic as Pat’s & Geno’s are to tourists in the Philadelphia area, this restaurant rivals their reputations as well as taste to the Delco Locals! The owners have been cutting back hours, but the neighbors would love if the late night service was back. The owners were closed due to an illness for almost two months and opened without an announcement, they were busy their very first day. There are lots of ways to take this proven business and build on it. Come taste how a Philly cheesesteak should taste and your mouth will water for the business opportunity. The Real Estate appraised a few years ago for $175,000 so you are getting instant equity. Serious inquirers with cash in hand – call today.


PRICE: $ 75,000 USD
REAL ESTATE: $150,000 USD
SDE: $ 70,000 USD

Listing Details

  • Price: $75,000
  • Down Payment: $225,000
  • Sellers Discretionary Earnings: $70,000
  • Total Sales: $256,450
  • Location: Delaware County, Pennsylvania

  • Inventory: $2,000
  • FF&E: $0
  • Employees:
  • Reason for Selling: Health Issues-Retirement
  • Category: Food Business Retail
Delco Cheesesteak & Hoagie Destination with Real Estate

Business Listed By:

Drew Carney